Blue Apron is bleeding customers and revenue, but hey, its stock is up

Blue Apron is bleeding customers and revenue, but hey, its stock is up

Get the Full StoryBlue Apron posted better-than-expected fourth-quarter earnings today, and as a result, its stock was up roughly 11 in pre-market trading. But the meal-kit company still has problems ahead. First, the good news: Analysts expected a loss of 27 cents per share on revenue of 185 million. However, the company proved capable of limiting the damage, …

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Blue Apron posted better-than-expected fourth-quarter earnings today, and as a result, its stock was up roughly 11 in pre-market trading. But the meal-kit company still has problems ahead.Read Full Story